Are lean hogs ready to go “hog wild?”

Market Pulse: January 14

You can see from the chart below the pork production estimates for 2013 by country. These look to be the top ten countries for 2013. The past WASDE report released on Friday had this to say in the last line on lean hogs, “Hog prices are forecast lower based on larger expected supplies.” Make sure you keep an eye on “big money” to see their take on this, it might be different.